Comments on: Unemployed Young People are the Real Danger

By: Notlikinit

Notlikinit — Sat, 03 Oct 2009 08:00:58 +0000

Yeah, it looks like a major in Tatoo Design will get you farther than a degree in Electrical Engineering these days. How about a Masters Degree in ball cap wearing, the bill has to be kinda, but not exactly backwards and pants low to show the bu** crack or boxers. We need some metallurgists, inventors and machinists.

By: Richard Fisher

Richard Fisher — Thu, 01 Oct 2009 12:50:43 +0000

The greatest danger is WAR–look at the high number of unemployed youth right before both World Wars – fodder for leaders like Hitler, Ahmadinejad, and the easy solution – enlist them in the army, send them off to fight a war that should never be fought

By: TC

TC — Tue, 29 Sep 2009 17:55:21 +0000

JMR bayou bobby:

No, they get master and doctorate degrees. Then they work for government technology initiatives, or join research institutions which they are building by the hundreds, including big American names like IBM.

Then they start to build the next generation Internet, consumer and industrial electronics, and might just land a guy on the moon for glory sake.

See, China does not have much of a debt or money problem. And once they make their Yuan internationally convertible, which will become a component of the new global currency, then the tide of foreign money wealth pouring into China will make today’s troubles so hush hush.

And finally, these guys will come and wipe your career out. Just in case you still think ‘big deal’.

By: sierra

sierra — Tue, 29 Sep 2009 16:39:29 +0000

Even “getting into college” is going to be problematic….so many states are broke; so many colleges lost their A#$% in the subprime market fiasco…so there is INTENSE competition for SPACE in almost all colleges across the country…and forcing those with the means ($$$$$$) to apply at private schools….so much for progress!!

By: sharonsj

sharonsj — Tue, 29 Sep 2009 15:35:06 +0000

We are doomed because (1) jobs left and are not coming back and (2) no one can afford to pay for college. And even if you borrow money to get a degree, what can you study that isn’t being outsourced? There may be job openings in health care but at the same time they’re shipping X-rays to foreign doctors for analysis. How crazy is that?

As long as politicians are paid by big business, they will do what’s best for their corporate masters and to hell with the rest of us.

By: JMR bayou bobby

JMR bayou bobby — Tue, 29 Sep 2009 09:26:11 +0000

“They entered schools to study physics, astronomy, biotech, advanced engineering, aerospace, nano technologies, green sciences. By the millions. Colleges and universities are opening up like McDonalds in China, fully funded.”
__________________________________________

Big deal. What do they get when they matriculate? A McPloma?

By: TC

TC — Tue, 29 Sep 2009 05:47:32 +0000

The past year the downturn also hit China pretty bad. Millions also out of work, many of the younger generation.

So what did these youngsters do?

They entered schools to study physics, astronomy, biotech, advanced engineering, aerospace, nano technologies, green sciences. By the millions. Colleges and universities are opening up like McDonalds in China, fully funded.

Did anybody go to study finance? Of course. They need a few guys to handle the new global reserve currency you know.

Does that sound like a country who has lost direction?

By: George

George — Mon, 28 Sep 2009 22:42:23 +0000

I’d be interested to see these data broken down by race/ethnicity, education level, and region. Are English-Lit majors really overrepresented among the unemployed, or is it mostly those with just a high school diploma or less? It’s hard to infer what social and political “dangers” this trend portends without knowing how it is distributed demographically.

By: al b

al b — Mon, 28 Sep 2009 21:38:17 +0000

So pity the youth. That English Lit degree might be useful one day, but not up against five other resumes with real work experience. Summer internships are over, and all that’s left are a few hourly, low-wage gigs. According to Northwestern University, half of college grads under 25 that do hold jobs are working in a position that doesn’t require a degree — also the highest portion on record.

Our biggest fear is that these jobless youths lose all hope and make the ultimate mistake — law school.

=====================================

LOL.

I feel sorta’ bad for all the business and Human Sciences/Humanities school majors that I saw pile into orientation at the school I attend in Houston.

As for the law school types, well, my digging finds that the USA produces TEN (10) lawyers per engineer that graduates from a university.

I guess being one of the sheeple doesn’t really cut it.

By: Alan Greenspan Jr.

Alan Greenspan Jr. — Mon, 28 Sep 2009 21:28:39 +0000

or become economists.